if the price sustains above the first rectangle zone, we can expect the target on the 2nd wave
Set up : Perfect Breakout, Took resistance on the 3rd wave, took support of trend line,
if price sustains above 1830
Target can be 1978
Asian paints taking support from 50 day EMA ready for breakout ( also Descending Wedge Pattern )
T1 - 3090
T2 - 3100
T3 - 3115
Also, im just a beginner if u are an advanced trader and see any mistakes pls comment.
Will update.
Price is bullish as it holds the Trend Line,
Targets,
T1 - 1600,
T2 - 1794,
T3 - 1900-2000,
For risky traders u can go for T3
Dont buy if the price is 1395.
Also, im just a beginner if u are an advanced trader and see any mistakes pls comment.
will update
Hello guys im a new investor, and i want to learn to identify the patterns and, i have tried for this company myself, if any1 of u guys could tell me if this is Double Tops Pattern or smtg else it would be amazing :)
